|Gerald Loeb Award|
|Awarded for||Excellence in business journalism|
|Presented by||UCLA Anderson School of Management|
The Gerald Loeb Award, also referred to as the Gerald Loeb Award for Distinguished Business and Financial Journalism, is a recognition of excellence in journalism, especially in the fields of business, finance and the economy. The award was established in 1957 by Gerald Loeb, a founding partner of E.F. Hutton & Co. Loeb's intention in creating the award was to encourage reporters to inform and protect private investors as well as the general public in the areas of business, finance and the economy. Since 2020 the award is made by the Swedish premium crystal brand Orrefors and designed by one of the world's most acclaimed designers Lena Bergstrom.
Main article: Gerald M. Loeb
Loeb first became known for his book The Battle for Investment Survival, which was popular during the Great Depression and is still considered a classic. Born in 1899, Loeb began his investing career in 1921 in the bond department of a brokerage firm in San Francisco, California. He moved to New York in 1921 after joining with E. F. Hutton & Co., and became vice-chairman of the board when the company incorporated in 1962. The Wall Street Crash of 1929 greatly affected Loeb's investing style, and in his 1971 book The Battle for Stock Market Profits, he viewed the market as a battlefield. Loeb offered a contrarian investing viewpoint, in books and columns in Barron's, The Wall Street Journal, and Investor Magazine. Forbes magazine called Loeb "the most quoted man on Wall Street." He created the Gerald Loeb Award in order to foster further quality reporting for individual investors.
See also: List of Gerald Loeb Award winners
The award has been administered by the UCLA Anderson School of Management since 1973, and is sponsored by the G. and R. Loeb Foundation. It is regarded as: "business journalism's highest honor," and its "most prestigious." Beginning with just two winners in 1958 (Werner Renberg and David Steinberg) and expanding to three in the final years before the Anderson School began to administer the award, today there are ten categories in which prizes are awarded: large newspaper, medium newspaper, small newspaper, magazine, commentary, deadline or beat writing, wire services, and television. Those honored receive a cash prize of US$2,000, and are presented with the award at a ceremony in July of the year following their piece's publication. The preliminary judging committee includes business, financial and economic journalists, as well as faculty members from the UCLA Anderson School of Management. Once the finalists are selected, a final panel of judges consisting of representatives from major print and broadcast outlets selects a winner from each category. The final panel of judges is chaired by the dean of the UCLA Anderson School of Management. Entries are judged according to their originality, news value, writing quality, thoroughness and balance, and production value.
Award categories varied over the years.
|Beat Writing||2001, 2003–2010|
|Deadline and/or Beat Writing||1985–2000|
|Deadline or Beat Writing||2002|
|Gerald Loeb Memorial Award||1974–1978|
|Medium & Small Newspapers||2009–2012|
|Minard Editor Award||2002–2020|
|Network and Large-Market Television||1997, 1999–2000|
|News or Wire Service||2002|
|News Services Online Content||2003–2007|
|Online Commentary and Blogging||2010|
|Other TV Markets||1997|
|Personal Finance & Consumer Reporting||2020|
|Small Newspapers||1974–1983, 1985–2008|
|Small & Medium Newspapers||2013–2014|
|Special Award||1966, 1968–1970, 1972–1973, 1975–1976, 1983, 1985, 1987, 1994|
|Special Book Award||1969|
|Television Breaking News||2009–2010|
|Television Long Form||2003–2004|
|Television Short Form||2003–2004|